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11 September, 2019 (16:00:00 )

Illinois St Jun 2033 municipal bond keeps sliding: down 3.4% in 3 days


Illinois St Taxable-Pension (452151LF8) municipal bond extended its slide Wednesday, shedding an additional $US1.51 (or 1.4%) to close at $US106.05. The municipal bonds have dropped $US3.76 (or 3.4%) over the past three trading days.
 1-day1-week1-month3-months1-year
Price Change %-1.4-3.21.5410.6
Spread to Treasuries %2.752.623.012.54

THE PAST WEEK
Snapshot: Illinois St municipal bond was up $US1.36 or 1.3% in the past week.
DayHeadlineYTM %Close price [USD]Price change %Comment
Tuesday, 10 SeptemberJun 2033 municipal bond down 2.0% in 2 days4.36107.56-0.9Steepest Fall
Monday, 09 SeptemberJun 2033 municipal bond decreases 0.9%4.27108.58-0.9 
Thursday, 05 SeptemberJun 2033 municipal bond rises for a second consecutive day, a two-day rise of 1.1%4.16109.810.3Price rise on rising relative strength
Wednesday, 04 SeptemberJun 2033 municipal bond increases 0.9%4.18109.520.9Top Rise
Tuesday, 03 SeptemberJun 2033 municipal bond decreases4.27108.57-0.4 


TOP RISE AND STEEPEST FALL IN THE PAST MONTH
Yield-to-maturity fluctuated between a low of 4.23% and a high of 4.69% in the past month.
DayHeadlineYTM %Close price [USD]Price change %Comment
Thursday, 29 AugustJun 2033 municipal bond climbs 4.7%4.23108.974.7Top Rise
Tuesday, 27 AugustJun 2033 municipal bond decreases 1.9%4.69104.12-1.9Steepest Fall


COUPON AND MATURITY
Maturity
IssuerIllinois St
Maturity DateJune 01, 2033

Coupon
Issue DescriptionGeneral Obligation Pension Funding
Amount Outstanding$US7.7 billion
CUSIP452151LF8
Issue DateJune 12, 2003
Use Of ProceedsGeneral Purpose/Public Impt
Put OptionNo
Extraordinary RedemptionNo
StateIllinois
Bank QualifiedNo
RIC452151LF8=MSRB
Sinking FundYes
Capital TypeNew Funding
Asset StatusIssued
CallableNo
Coupon5.1%
Coupon TypeFixed
Pay FrequencySemi-Annually
Dated DateJune 12, 2003
First Coupon DateDecember 01, 2003
Interest Accrual DateJune 12, 2003
Current Rate Effective DateJune 05, 2003

Taxation
Federally TaxableYes
Subject to Alternative Minimum TaxNo

CREDIT RATING SUMMARY
Rating AgencyRatingEffective Date
Moody'sBaa3June 01, 2017
S&PBBB-June 01, 2017
FitchBBBFebruary 01, 2017

RELATIVE VALUATION INDICATORS [RVI] TECHNICALS
+ The present value of $US1,000 (PV$1000) invested one year ago in Illinois St is $US1,106, for a capital gain of $US106. The total return to investors for 1 year is 10.7%.
PV$10001-week1-month1-year
452151LF8$US968$US1,015$US1,106

Present Value in USD
+ The present value of USD1,000 (PV1000) invested five years ago in Illinois St is $US1,060, for a capital gain of $US60.
+ 5 years Multiplier in USD = 1.06x
+ Compound Annual Growth Rate (CAGR) in USD = 1.2%

452151LF8=MSRB

Source: www.BuySellSignals.com